Element 25 Shares float
What is the Shares float of Element 25?
The Shares float of Element 25 Limited is 105.734M 69.29%
What is the definition of Shares float?
Shares float is the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock.
= annual shares outstanding - closely held shares
Shares float represents the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in stock held by promoters, company officers, controlling-interest investors, or government. This number is sometimes seen as a better way of calculating market capitalization because it provides a more accurate reflection of what public investors consider the company to be worth. In this context, the float may refer to all the shares outstanding that can be publicly traded
The float is calculated by subtracting the locked-in shares from outstanding shares. Stocks with smaller floats tend to be more volatile than those with larger floats. In general, the large holdings of founding shareholders, corporate cross-holdings, and government holdings in partially privatized companies are excluded when calculating the size of a public float.
Shares float of companies in the Materials sector on ASX compared to Element 25
What does Element 25 do?
Element 25 Limited engages in the exploration of mineral properties in Australia and France. The company explores for manganese, copper, and nickel deposits. It owns a 100% interest in the Butcherbird manganese project for producing high purity manganese sulphate monohydrate for use in lithium-ion battery. The company's Butcherbird project is located to the north of Perth and south of Newman in the Pilbara region, Western Australia. It also holds 100% interest in the Pinnacles project located to the northeast of Kalgoorlie. The company was formerly known as Montezuma Mining Company Limited and changed its name to Element 25 Limited in May 2018. Element 25 Limited was incorporated in 2006 and is based in Osborne Park, Australia.
Companies with shares float similar to Element 25
- Emerald Clinics has Shares float of 105.626M 38.41%
- Carnaby Resources has Shares float of 105.632M 85.14%
- Impax Asset Management Plc has Shares float of 105.653M 79.68%
- Hostelworld plc has Shares float of 105.700M 89.95%
- Elanor Retail Property Fund has Shares float of 105.708M 82.77%
- Neles Oyj has Shares float of 105.732M 70.49%
- Element 25 has Shares float of 105.734M 69.29%
- Hostelworld Plc has Shares float of 105.753M 90.92%
- Triveni Turbine has Shares float of 105.785M 32.72%
- Prakash Steelage has Shares float of 105.805M 60.46%
- Midnight Sun Mining has Shares float of 105.825M 93.65%
- Straumann AG has Shares float of 105.854M 669.30%
- Cellmid has Shares float of 105.866M 48.07%